CoinValue

1869 Indian Head Penny

1869 | Philadelphia | Mintage: 6,420,500 | 95% Copper, 5% Tin and Zinc
$28 – $18,625 Semi-Key
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Obverse of Indian Head Penny showing Liberty wearing Native American headdress

Obverse

Reverse of Indian Head Penny

Reverse

The Indian Head Penny - 1869 was minted at the Philadelphia Mint with a mintage of 6,420,500. Values range from $28 in lower grades to $18,625 in top condition. This is a semi-key date with strong collector demand.

CoinValueDB Value Estimate

$3.60 – $18,625

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $2,043 High: $18,625 Low: $4 11 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$28
Very Good (VG-8)$47
Fine (F-12)$71
Very Fine (VF-20)$93
Extremely Fine (EF-40)$180
About Uncirculated (AU-50)$285
Mint State (MS-60)$485
Choice Mint State (MS-63)$755
Gem Mint State (MS-65)$1,900
Superb Gem+ (MS-67)$18,625

About the Indian Head Penny

The Indian Head Penny series began in 1859 to replace the larger, heavier Flying Eagle cent. James B. Longacre designed the coin while serving as the Chief Engraver at the Philadelphia Mint. He chose a portrait of Lady Liberty wearing a Native American headdress instead of an actual Native American figure. This design choice drew criticism for its lack of historical accuracy, but the coin remained popular with the public for half a century. The design underwent one major change in 1860 when Longacre added a laurel wreath to the reverse side to replace the original oak wreath and shield. The series ended in 1909 after the Mint introduced the Lincoln cent. The Indian Head Penny remains a staple of American numismatics because it represents the transition to the modern small cent format.

Coin Details

Designer
James B. Longacre
Composition
95% Copper, 5% Tin and Zinc
Weight
3.11 grams
Diameter
19 mm
Edge
plain
Series
Indian Head Penny (1859-1909)

Historical Notes

1869 Indian Head Penny, semi-key date with approximately 6.4 million minted.

Collecting Indian Head Penny Coins

Start your collection with common dates like 1900 through 1908, which you can find in good condition for under $5. Focus on identifying the 1877 date, which has a mintage of only 852,500 and carries a high price tag. Check your coins for environmental damage or heavy cleaning, as these flaws ruin the numismatic value. Watch for altered dates on coins from 1880, as forgers often change the final digit to mimic the rarer 1888 issue. Always use a 5x or 10x jeweler's loupe to inspect the fine details of the feathers and the date for signs of tampering.

Frequently Asked Questions

What is a Indian Head Penny - 1869 worth? +
A Indian Head Penny - 1869 is worth between $28 and $18,625 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1869 Indian Head Penny coins were made? +
The Philadelphia Mint produced 6,420,500 1869 Indian Head Penny coins. Lower mintage numbers generally correlate with higher collector value.
Is the Indian Head Penny - 1869 a key date? +
The Indian Head Penny - 1869 is considered a semi-key date. While not the rarest in the series, it has above-average collector demand and typically commands a premium over common dates.
How much is an 1869 Indian Head Penny worth? +
A coin in good condition typically sells for around $40 to $60. Specimens in uncirculated grades can reach prices of $1,000 or more depending on the surface preservation.
Is the 1869 Indian Head Penny considered rare? +
It is a semi-key date rather than a true rarity. With 6,420,500 coins minted, it is much scarcer than the common dates of the series but more available than the 1877 key date.

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